The following balance sheet is for X Company Assets Cash 101.309 Accounts Receivable 14,455 Wages Payable Inventory 155,333 Notes Payable Prepaid Rent 5,315 Paid-In Capital Balance Sheet January 1, 2021 Equities Accounts Payable $247,051 1,154 33.685 233,560 Equipment Total Assets 318,977 Retained Earnings 60,019 $575,469 Total Equities $575,460 The following summary transactions occurred during 20211 paid $06,007 to suppliers for merchandise previously purchased on account purchased $339,104 of merchandise on account and $159,616 for cash soid merchandise for $433,621 on account and $217,279 for cash; the merchandise cost $406,522 paid $5,557 for land and equipment received $227,755 from customers for merchandise previously sold on account Note: For the questions below, ignore adjusting entries on December 31, 2021. 4. What were total assets on December 31, 2021 OA: $1.122,144 B: $1,627,109 OC $2.359,308 CD: $3,420,995 OE: $4,960,445 OF 17,192,645